EOS Price Hits $0.58 on Exchanges (EOS)

EOS (EOS) traded 0.7% lower against the US dollar during the 24-hour period ending at 16:00 PM E.T. on June 26th. EOS has a total market cap of $1.21 billion and $75.67 million worth of EOS was traded on exchanges in the last day. One EOS coin can now be bought for about $0.58 or 0.00000945 BTC on cryptocurrency exchanges. During the last week, EOS has traded 0.7% higher against the US dollar.

Here’s how other cryptocurrencies have performed during the last day:

• TRON (TRX) traded up 0.8% against the dollar and now trades at $0.12 or 0.00000202 BTC.
• BitTorrent-New (BTT) traded down 1.5% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded 2.8% lower against the dollar and now trades at $0.78 or 0.00001277 BTC.
• Terra Classic (LUNC) traded down 0.1% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded 0.6% lower against the dollar and now trades at $0.43 or 0.00000700 BTC.
• aelf (ELF) traded 2.2% lower against the dollar and now trades at $0.36 or 0.00000588 BTC.
• Lisk (LSK) traded down 2.6% against the dollar and now trades at $1.01 or 0.00001664 BTC.
• USDX [Kava] (USDX) traded 0.3% lower against the dollar and now trades at $0.81 or 0.00001336 BTC.
• Ark (ARK) traded down 6.7% against the dollar and now trades at $0.45 or 0.00000738 BTC.

EOS Coin Profile

EOS is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. Its genesis date was June 26th, 2017. EOS’s total supply is 2,100,000,000 coins. The official message board for EOS is eosnetwork.com/blog. EOS’s official Twitter account is @eosnetworkfdn and its Facebook page is accessible here. EOS’s official website is eosnetwork.com. The Reddit community for EOS is https://reddit.com/r/eos and the currency’s Github account can be viewed here.

According to CryptoCompare, “EOS is a decentralized platform for developing and executing decentralized applications. The platform is designed to solve scalability and usability issues that exist in many blockchain-based systems. EOS features a delegated proof-of-stake consensus algorithm that allows token holders to vote for block producers. The EOS token is the native cryptocurrency of the EOSIO blockchain platform, and it is used to power the EOSIO software and pay for transaction fees and resources on the network. EOS was created by Dan Larimer, the founder of other blockchain-based platforms such as Bitshares and Steem, and developed by Block.one, a company based in the Cayman Islands.”

EOS Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as EOS directly using US dollars. Investors seeking to trade EOS should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase EOS using one of the exchanges listed above.

EOS/USD price chart by TradingView